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our deficit in a balanced way that allows us to make these critical investments. now, it ultimately will be up to the voters, to you, which path we should take. are we going to double down on the top-down economic policies that helped to get us into this mess? or do we embrace a new economic patriot. >> that says america does best when the middle-class does best. i am alonging ford that debate. >> reporter: governor romney, two minutes. >> thank you, jim. it's an honor to be here with you. and it's an honor to be here with the president. i appreciate the welcome of the university of denver and the presidential commission on these debates. congratulations to you, mr. president, on your anniversary. i am sure this is the most remantic place you can imagine -- here with me. congratulations. this obviously is a very tender topic. i had the occasion over the past couple of years of meeting people across the country. i was in dayton ohio, and a woman grabbed my arm and said i have been out of work since may. you can help me? yesterday in a rally in denver, a woman came up with a baby in h
trillion a tax cut. what i have said is i won't put in place a tax cut that adds to the deficit. middle-income americans have seen their income come down by $4,300. this is a tax in and of itself. i'll call it the economy tax. it's been crushing. >> question. why did president obama seem thrown off balance? did he underestimate governor romney, pat buchanan? >> he certainly d. governor romney performed better on substance than any candidate in any presidential debate in history. reagan would have beaten him in style in 1980 but on substance i've never seen anybody better prepared than governor romney. he was on of fence. the real question, why did barack obama, the president, do so badly. john, he didn't come prepared for what he found there. he seemed difident, almost disinterested, sour. when they had the two pictures together he was looking down at his notes and the governor was talking to him as if he was lecturing him. some say he's lost his enthusiasm for the battle. he looked like he was weary of the job. i think it may have been something to do with him having been out on the ro
in 1986 but are staring us in the face today. first, a much larger and much more dangerous deficit and second, a dramatic increase been income and inequality. old-style tax reform could make both conditions worse. but don't dismiss the old framework lightly. credit for the 1986 reform law begone -- belongs to democrats like bill bradley and the senate. just as much as to president reagan. as a member of the house back then, not only voted for it, fight with the votes to make sure it passed. i was on the committee set up by dan rostenkowski to get it done. the approach but a good deal of sense at the time. then as now, the code was littered with agrees is loopholes that needed to be reform. recall the so-called passive loss schools that were in place but then. they allowed wealthy taxpayers to gain the system. someone could invest in a bowling alley and then, if the bullets lost money, they could take a ride up many times larger than their initial money and what of their entire income tax liability. we need to get rid of such a gimmicky tax shelter. puring these loopholes allowed us
that only affect high income individuals to avoid either raising the deficit or burdening the middle class. it's math, it's arithmetic. >> get the rates down, lower deductions and exemptions to create more jobs because there's nothing better for getting us to a balanced budget to have more people working, earning more money and paying taxes and that's by far the most effective and efficient way to get this budget balanced. >> paul: welcome to the journal editorial report. i'm paul gigot. a big night in denver on wednesday, as president barack obama, and mitt romney met for the first presidential debate and the candidates sparred as you heard over taxes and the deficit as well as health care. wall street reform and the role of government. with mitt romney taking some sharp shots at the president's record these past four years. >> we're seeing right now is, in my view, a trickle down government approach which has government thinking it can do a better job than free people pursuing their dreams and that's not working the. proof of that is 23 million people out of work and the proof one out of
on deficit reduction requiring the wealthy to pay more and more cutting in the federal government. >> you have 90 seconds. >> again, shame on you. you thought this campaign is going to be a coronation because you're a democrat and now you are in a serious race with a serious woman and you are desperate. therefore you raise these issues. my plan sites every word that i used from the brightest in the best to but my plan together. you would be better served to be putting a plan together. you need to be honest with the people of connecticut. you need to be honest about your special interest loans. to be honest about your attendance in washington. shame on you for taking this direction with this campaign. it is beneath you. and the people of connecticut deserve better. in my plan, i have referenced a tax cut for the middle class. my plan, if you take a look at it, absolutely keeps taxes the same across the board accept we're going to cut taxes for the middle class. my plan is the only one that has an actual middle-class tax cut. congressman murphy has voted to raise taxes on the middle class o
taxes, you have the deficit being dealt with in an insane way, at least being dealt with, i'm not so sure the markets are going to implode-- >> you don't think, you think the markets will whistle past this. >> at least they're going to say something is going on. at least they're doing something. >> and anyway, right. >> it's going to hurt the economy long-term no doubt. >> the it's the federal reserve behind the market. >> what about the notion that maybe if there were stronger leadership from the white house we wouldn't have to take such a ham-fisted approach. in other words, how come there can't be an elegant solution, i can't get my way, you can't get your way, let's just destroy it all. >> interestingly enough goes back to obamacare, i think it has to do with the incredit mri high-handed autocratic way that mr. obama shoved through obamacare and they're saying we're not going to cooperate at all. i think had there been a spirit of cooperation coming out of the white house with obamacare, all of this would not have happened. >> if i may-- >> adam. >> i think that's sort of of sill
creating jobs in the united states or closing the deficit in a responsible, balanced way that allows us to invest in our future, all of those things are designed make sure that the american people, their genius, their grit, their determination... is channeled and they have an opportunity to succeed. everybody's getting a fair shot. everybody's getting a fair share and playing by the same rules. you know, four years ago, i said that i am not a perfect man and i wouldn't be a perfect president. that's probably a promise that governor romney thinks i've kept. but i also promised that i would fight every single day on behalf of the american people, and the middle class and all of those who striving to get in the middle class. i have kept that promise. if you will vote for me, then i promise i will fight just as hard in a second term. >> jim: governor romney. >> thank you, jim. mr. president. thank you for tuning in this evening. thanksgiving an important election. i am concerned about america. i am concerned about the direction america has been taking over the last four years. i -- i know t
by the end of the decade. get this deficit and debt under control. make trade work for america. champion small businesses, do not raise taxes on small businesses. they are our job creators. he talks about detroit. mitt romney is a car guy. this is a guide who i was talking to a family in massachusetts the other day. their kids of work hid in a car crash. two of them were paralyzed. they went to the same church. mitt asked if he could come over on christmas. he brought his boys and his wife and deaths. i know you are struggling, do not worry about college, i will pay for it. mitt romney does not tell these stories. it was not the cash, he gave his time and he has consistently. this is a man who gave 30% of its income to charity, more of the two of us combined. he is a good man. he cares about 100% of americans in the country. the vice president knows that sometimes the words did not come out of your mouth the right way. [laughter] >> i always say what i mean. >> we want everybody to succeed. we want to get everybody out of poverty. we believe an opportunity. that is what we're going to pu
they need for the jobs they want. get the deficit and debt under control to prevent a debt crisis. make trade in america and sell things overseas and champion small businesses. don't raise taxes on small businesses because they are our job creators. he talks about detroit. mitt romney's a car guy. they keep misquoting hip. let me tell but the mitt romney i know. this is a guy who i was talking to a family in north borough, massachusetts, sherylin mark-nixon. their kids were hit in a car crash, four of them. two of them were paralyzed. the romneys didn't know them. they never met. mitt asked to come over for christmas. he brought his boys, his wife and gifts. later on, he said, i know you are struggling, mark, don't worry about their college, i will pay for it. when mark told me this story -- mitt romney doesn't tell these stories. the nixons told me this story. when he told me the story, it wasn't the cash help, it's that he gave his time and he has consistently. this is a man who gave 30% of his income to charity, more than the two of us combined. mitt romney's good man. he cares about
independent. help people who are hurting get the skills they need to get the jobs they want. get the deficit under control. make trade work for america, and champion small businesses. don't raise taxes on small businesses because they are our job creators. he talks about detroit. mitt romney is a car guy. let me tell you about the mitt romney i know. this is a guy who i was talking to a family in massachusetts the other day, cheryl and mark nixon. their kids were hit in a car crash, four of them two of them rob and reid were paralyzed them. the romneys didn't know them. he asked if he could come over at christmas. he brought his boys and gifts. he said i know you are struggling don't worry about their college, i'll pay for it. mitt romney doesn't tell these stories. when the nixons told this story it was that he gave his time. mitt romney is a good man. he cares about 100% of americans in this country. and with respect to the quote, i think the vice president very well knows that sometimes the words don't come out of your mouth the right way. [ laughter ] >> biden: but i alwa
. if five. plan. get the energy in ag -- get american energy independent. get this deficit and debt under control to prevent a debt pricecrisis. make things in america and sell them overseas. do not raise taxes on small businesses because they are our job creators. he talks about detroit. mitt romney is a car guy. they keep misquoting him but let me tell you about the mitt romney i know. this is a guy who was talking to a family in massachusetts the other day, sheryl and mark nixon. their kids were hit in a car crash, two of them were paralyzed. romney's did not know them. it went to the same church, they did not know them before. he brought his boys and wife and gifts. he said i know you are struggling. i will pay for college. the nixons told me the story. when he told me the story, he said he gave time. he gave 30% to charity. mitt romney is a good man. he cares about 100% of americans in this country. with respect to that quote, the vice-president knows that sometimes you're words do not come out of your mouth the right way. [laughter] >> but i always say what i mean. >> i want to get
, in 2010 a bipartisan federal commission unveiled the plan to cut the nation's deficit by $4 trillion through a mix of tax increases and spending cuts. the plan was never voted on in congress. do you agree with any or all with what the commission came up with? what other efforts do you think the country needs to take on to cut the country's debt, which now exceeds $16 trillion? >> debt and our deficit are very important issues that we need to tackle and they're a matter of national security. and this is one of the starkest contrasts between congresswoman bono mack and myself. you see, congresswoman bono mack wants to put the deficit and the burden of our debt on the shoulders of our seniors, our middle class and our students. by turning medicare into a private voucher system and charging our seniors $6,000 a year for their health care costs on average, by cutting pell grants and stafford loans who rely on those for their college education and she's voted to increase taxes on the middle class through the ryan plan. all of this in order to keep tax breaks for multi-millionaires and tax
states and six years later, left with massive deficits. during his time in the senate, national debt went up by $16,000 every second and in an earlier debate, he conceded spending was a problem when he was in the senate. we also have people who know how to work together. as a nonpartisan mayor in richmond, i worked to cut crime, build schools, and grow the economy, and as a governor in a tough time, we worked to win all kinds of accolades for the state. my opponent, when he was governor, said his job was to knock democrats soft teeth down their whiny throats and took a similar position in the senate, siding against compromise efforts led by then virginia's senior senator john warner. we need to join together to move forward and that's what i'll do as your next united states senator. >> mr. allen, your opening statement. >> thank you, bob, and thank you all for listening and watching this debate. folks, i envision a much better future than what we're having to endure these days and that's why i've put forth a detailed plan. my blueprint for america's come back. to get our economy stronger,
years later left with massive deficits. during his time in the senate, the national debt went up by $16,000. he conceded that spending was a problem in the senate. we also have people who need to know how to work together. i learned to cut crime bills and the economy. my opponent said his job was to not democrats softly. he took this similar position in the senate, fighting efforts led by the then-senior virginia senator. when someone who will fight and that is what i will do is your next to none state senator. >> if mr. allen, your opening statement. >> thank you. it's much better future than what we are having to endure these days. that is why i put forward a detailed plan. my blueprint for america to get an economy and stronger jobs. the question is which one of us can be accounted upon. you may have read an article that was comparing our two governorships. the call me when the most accomplished modern governors with major improvements in public education, safety, welfare reform, and i described how worked with leaders in the other party to get results for the people. the bad economy
the skills they need to get jobs they want. get this deficit and debt under control to prevent a debt crise. make trade work for america so we can make more things in america and sell them overseas and champion small businesses. don't raise taxes on small businesses because they're our job creators. he talks about detroit. mitt romney is a car guy. they keep misquoting him, but let me tell you about the mitt romney i know. this is a guy who i was talking to a family in northboro, massachusetts, the other day. sheryl and mark nixon. their kids were hit in a car crash, four of them, two of them, rob and reid, were paralyzed. the romneys didn't know them. they went to the same church. mitt asked if he could come over on christmas. he brought his boys, his wife, and gifts. later on he said, "i know you're struggling, mark. don't worry about their college. i'll pay for it." when mark told me this story, because you know what, mitt romney doesn't tell this story. the nixons told this story. when he told me this story. he said it wasn't the cash help. it's that he gave his time and he has consiste
administration does not really care about the deficit and how high it is getting. why would you raise the deficit when you owe so much money? it will bankrupt our country. host: what do you do a in redmond, ore.? caller: i am a full-time student at a community college and i also work at a fast-food restaurant to pay bills. host: where are you studying? caller: criminal-justice. host: where are you watching c- span at 6:00 a.m. in the morning in oregon? caller: i get up early allot. earlier, i was watching a different program, in b.c. i think, and i think there were a lot of very baidoa -- nbc, i think, and i think there were a lot of very biased reporters. i switched channels. host: is this your first time watching c-span? caller: no, it is now. i actually watched it a lot. host: that is there a studying criminal justice in redmond, ore.. next up is michael in springdale, another first-time voter. caller: i was flipping through the channels here and listening to a lot of individuals call in and one of the topics that came up is the military. and being a first-time voter, i want to say that as a v
deficit and debt under control. make trade work for america to make more things in america and sell them overseas and champion small businesses. don't raise taxes on small businesses because they are the job creators. he talked about detroit. mitt romney's a car guy. they keep misquoting him. the mitt romney i know is a guy who i was talking to a family in massachusetts the other day, sheryl and mark nixson. their kids hit in a car crash, two of them parollized. mitt wanted to come over on christmas bringing his boys, his wife, and gifts. later on he said i know you're struggling, mark, don't worry about college. i'll pay for it. when mark told me the story because mitt doesn't tell the stories. when i was told the story, he said it was not the cash help, but that he gave his time and he has consistently. this is a map who gave 30% of the income to charity, more than the two of us combined. mitt romney's a good man and cares about 100% of americans in the country. with respect to that quote, i think the vice president very well knows that sometimes the words don't come out of your mouth
? >> i will -- the candidates how they will reconcile reducing the deficit, cut spending and still -- [inaudible] >> what are you doing to prevent trafficking and to stop it altogether? >> all day like event tomorrow on c-span2 to tell you about. the center for strategic and international studies looks at political transitions in north africa. this starts at 8:30 a.m. eastern. >> we are live at centre college in danville kentucky for the 2012 vice presidential debate between vice presidential bike and congressman paul ryan. the moderator, martha raddatz is almost ready to begin after giving the audience instructions to remain quiet during the debate. we are waiting for her to introduce the candidates announced the opening question. [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] .. [inaudible conversations] [background sounds] [background sounds] [background sounds] [inaudible conversations] [background sounds] [inaudible conversations] [background sounds] [inaudible conversa
're facing absolutely massive deficits. this administration has chosen to ignore it. the president has failed, put forth a plan to deal with those deficits and if everyone believes everything is coming up roses, perhaps the vice- president should join me as i travel around the country and speak to people. people in pennsylvania are not terribly thrilled with what happening in the economy. people in youngstown, ohio have stores that are boarded up because the economy is not doing well. it's not only the old industries that are not -- in san jose, calif., they are complaining because they cannot export their high-quality goods to japan and other countries. people in the northwest and in the state of oregon are complaining about what's happening to the timber industry and agriculture industry. things are not as great as the administration is wanting us to believe in their television commercials. my feeling quite frankly is i have enough experience to see the problems, address them, and make the tough decision that level of people with reference to this problem. >> despite the historic aspects of
. >> it is an alluring prospect to cut taxes on the wealthiest people, reduce the deficit, but the mass dictates you cannot have it all. the arithmetic, as president clinton said. the reality is, any path forward that promises to cut rates will fail to reduce the deficit or fail to protect the middle class from a net tax increase. you can at most achieve two of these goals. anyone pushing a plan purporting to accomplish all three is not telling the truth. the sooner we are honest with ourselves about this, the easier it will be to negotiate an actual compromise on taxes and on deficit reduction. host: senator charles schumer, democrat, new york, yesterday, talking about these negotiations on the so-called fiscal cliff. the gang of eight is trying to come up with some alternative plan to address that. we're spending a couple more minutes here, one or two more phone calls about the supreme court hearing the affirmative action case. they are going to release the audio of the arguments on friday after 1:00 p.m. we will put that up and air that on friday. go to c-span.org for more details about when all
campaign stop in new hampshire was talking about the threat of deficit spending. it's probably something you might hear tonight at the vice- presidential debate. here's a preview. [video clip] >> we cannot keep borrowing 36 cents of every dollar our government spends. we cannot keep the federal reserve doing what. we cannot keep looking our children in the eye, knowing that we are going to give them a diminished future because we are spending their money today. it's a very simple idea. mitt romney and i will bring it to washington. we've got to stop spending money we don't have. we must cut spending. we must get this balanced budget. we must get this debt under control. this debt not only hurts our economy today with the threat of higher interest rates and a losing a dollar and much higher tax rates. we know that we are giving the students here at this academy, our children and grandchildren, a lower standard of living. we've never done that in this country before. host: vice-presidential candidate paul ryan in new hampshire at a recent event. here's what you might hear from the vice-pre
to cut the deficit in half in four years. we have four budget it is and four trillion dollar deficits. a debt crisis is coming and we can't keep spend borrowing like and spending money we don't have. leaders run to problems to fix problems. >> steve: i got this tweet. why was bush crusify biden didn't get information on the intelligence community and that is okay. >> steve: ultimately some polls went out and they did snap pollings. cnn paul ryan . cnbc. winner 20 points. >> brian: cbsdid joe biden. >> steve: they did a focus group for 50 people. >> gretchen: we have frank coming up. and we'll show you that. now the rest of the head lineups for friday. one month after ambassador stevens was ciled. lawrence pope is the new charge of affairs. he will represent. pope retired 12 years ago and an ambassador to chad and political advisor for the special command and special operations in the middle east. governor mitt romney getting a spiritual boost from billy graham. >> reverend graham added he would do everything to help him. franklin graham has provided council to every president since ha
waters? i got to ask why it was when he called the massive deficit we have un-american. i understand. the deficit spending has been outrageous under republicans and democrats. but why when thaws with the case why did he spend $90 billion sending money to green companies, contributors of his. we heard what he had to say or not say. i think we boil it down to this. more recently he said, look, you can't change washington from the inside. you have to change washington from the outside. we'll, we're going to give him that chance on november 6. [cheers and applause] now, there were a couple of place where is we agreed. we agreed, for instance, that we would take this country in very different directions. and he points out -- well, actually it was the vice president that blurted out the truth that they're planning on raising the taxes with $2 trillion. actually it's more like $3 trillion. there's no secret that the spending and the interest that they amassed by virtue of their spending and it's going to cause them to raise taxes on the middle-class. i make this commitment to you, under no
a deficit, because you are spending money. >> i do not think your labels mean a lot. what i have said from the beginning -- the centerpiece of our problems is the national debt. we simply have to look at this. whether we do it this year because of the way our economy is or next year, $2.3 trillion. >> i want you to respond to this. >> i'm glad there is a clear contrast between the two of us. i do not believe we should raise taxes. i do not think the problem is that americans are not taxed enough. mr. sadler has been very candid that he would consider raising taxes on every single tax and who pays income tax is. >> that is not fair. >> if you would consider allowing all of the bush tax cuts to expire, that would raise taxes on every single tax and who pays income tax. are the texans to pay income taxes we would not raise taxes on? you did not have an answer. >> you will not put words in my mouth. i would say, the first place, we have to balance the budget, cut spending, and raise revenue to reduce the national debt. you have never given any plan to reduce the national debt. anything you eve
to get romney to bigger deficits. they do not take them and they just received really must get the point across about how it affects him. we love hearing from you. send me an e-mail and gerri@foxbussiness.com. finally, helping the homeless. it has been a growing problem for decades. the big apple has more than 46,000 homeless people in the city, 14% of the nation's homeless population. for some context, l.a. is second with just 3%. as a result, michael bloomberg has opened 10 new homeless shelters in recent months. chelsea and greenpoint. all of you non-new yorkers out there, residents are fuming, saying that these areas are now unsafe and dirty. bloomberg says it's the nature. with unemployment so high, these people need to go somewhere, but i do find it curious within the neighborhood that i mentioned so far, could it be because that is where mr. bloomberg lives? that is my "two cents more". coming up tomorrow, as vice president joe bide
still have a $300 billion deficit. you see there aren't enough rich people and small businesses to tax to pay for all their spending. and so the next time you hear them say, don't worry about it, we'll get a few wealthy people to pay their fair share, watch out middle class, the tax bill is coming to you. jamie: stuart varney, anchor of "varney & company" on the fox business network here to tell us what he thinks about that. hi, stu, good morning. >> well look, the central quote on the economic side of the debate which policy will grow the economy and cut the deficit. paul ryan was very clear. you cut tax rates, that gives you growth. listen to this exchange. >> cut tax rates by 20% and still preserve these important preferences for middle class taxpayers. >> not mattally possible. >> it is mathematically possible. it has been done before. >> it has never been done before. >> it has been done couple times actually. lower tax rates increase growth. lower tax rates. >> now you're jack kennedy. >> well that was interruption. that was also a put-down and vice president biden woos factually
for drilling on public land and water. i got to ask him about the deficit spending. i asked him why he spent $90 billion sending money to bring energy companies, many owned by friends and contributors of his. we heard what he had to say or not say. i think we boiled it down to this. more recently, he said you cannot change washington from the inside. you have to change it from the outside. we will give him that chance on november 6. [applause] there were a couple of places where we agreed. we agreed we would take this country in very different directions. he points out, actually it was the vice president appointed out the truth, but they are planning on raising taxes to dollars trillion with the obamacare taxes. there is no question they are spending. the interest on the debt they have announced -- amassed will cause them to raise taxes on the middle class. i make this commitment to you. under no circumstances will i raise taxes on middle-class americans. [applause] under his path, we will have obamacare installed. let me tell you what that means. the bureaucrats will tell you what treatment
. >> your sign reduce deficit. and you shout nod blood for oil. and you were chained to a health organization. what's your message. >> well, -- so. wrong building ununclear message. at least he reached the people. >> how long before someone noticed you. 18 hours. >> [laughter] >> why do you think people ignored you. >> i think people don't like to think about the troubles in the international spectrum right now. >> not because you were below sidewalk level? [laughter] >> he brought me to the place where for some reason no one saw him. you were chained where? >> just to this door handle here. >> was the was the sign here. >> yes, actually. >> did you read the sign. >> after i locked to the door handled. >> yes. after he locked to the door handled. but every good protester has a con ting sei plan. >> qhow found out you were in the wrong place you unlocked yourself and moved. no. i didn't have the key. >> i . >> i left it in the car. i was using. >> in the car probably next to the fish ticket. [laughter] then 18 hours later, offer worker larry clark stumbled upon him and set him str
team who have lied to the american people about their willingness to cut the deficit, their reality of obama-care, fast and furious, and now the truth about the actual threat and the nature of the terrorist attack in been gatsy that killed four americans. they have been repeatedly lie together american people for years. i find it ironic now they are leveling that attack against governor romney and paul ryan. this is classic projections. accusing your oh poanltd of what you yourself have guilty of. it's straight out of the saul alinsky playbook. the american people are focused on the facts. what romney and ryan have in their arsenal are the facts. that's why president obama could not come back again governor romney in the debate because he has the facts about the economy. alisyn: kirsten, is that how you interpret it? >> it's interesting to juxtapose this conversation against what's going on in this hearing with what happened in libya where there were some untruths told if you want to be subtle about it. when you have the administration being dishonest about the way they handled a ve
for 10% of the deficit spending increases. lower tax rates across the board and close loopholes. we have three bottom lines. do not raise the deficit, do not raise taxes on the middle class, do not lower the share that is borne by the high income earners. it has been discredited by six other studies and even their own deputy campaign manager acknowledged that it was not correct. >> let's talk about this. you have refused to offer specifics on how you would pay for that 20% across the board. do you actually have the specifics or are you still working on it? >> different than this administration, we want to have a big bipartisan agreement. >> do you have the specifics? >> look at what ronald reagan and tip o'neill did. we raise about $1.20 trillion through income taxes. we forgo about $1.10 trillion in loopholes and deductions. deny those loopholes and deductions to higher income tax payers. so we can lower tax rates across the board. >> i hope i am going to get time to respond. >> we want to work with congress on how best to achieve this. >> no specifics. >> lower tax rate 20%. start with
Search Results 0 to 48 of about 49 (some duplicates have been removed)